# Structural Break Analysis

| Dep Var | Period | Break Year | Z_1 Coef | Z_1 SE | Z_1 p | Sig | N | R2 |
|---|---|---|---|---|---|---|---|---|
| R&D/GDP | Pre-GFC | 2008 | -0.5972 | 1.9828 | 0.7634 |  | 356 | 0.3055 |
| R&D/GDP | Post-GFC | 2008 | 1.8378 | 1.4195 | 0.1961 |  | 471 | 0.2793 |
| R&D/GDP | Pre-2000 | 2000 | 1.3664 | 3.4768 | 0.6952 |  | 102 | 0.2529 |
| R&D/GDP | Post-2000 | 2000 | 1.9845 | 1.1582 | 0.0871 | * | 725 | 0.2882 |
| log(patents) | Pre-GFC | 2008 | -20.3752 | 5.0470 | 0.0001 | *** | 568 | 0.1170 |
| log(patents) | Post-GFC | 2008 | 3.2636 | 4.6528 | 0.4833 |  | 595 | 0.0849 |
| log(patents) | Pre-2000 | 2000 | -30.6473 | 7.3344 | 0.0000 | *** | 286 | 0.2722 |
| log(patents) | Post-2000 | 2000 | 6.9247 | 3.9962 | 0.0835 | * | 877 | 0.0341 |